The recent evolution of unemployment benefits in Italy

Federico Giorgi ()
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Federico Giorgi: Bank of Italy

No 459, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: At the onset of the crisis, the Italian system of income support measures was characterized by a high level of heterogeneity and there was little recourse to active labour market policies and activation programmes. The measures provided only a few basic guarantees which were limited to certain sectors and types of firm. The duration of any subsidies varied considerably according to a firm�s age, geographical location, and the type of support available. The reforms of 2012 and 2015 introduced significant innovations, which aim to make the system more universal and to provide better cover in the event of loss of employment so that the basic level of support is more generous and linked to previous social security contributions and not to any of the other characteristics of the worker or of the firm. The reforms also promote greater recourse to active policies and activation programmes. The first goal has substantially been achieved. However the path towards the second, more difficult, objective has only just been started with the establishment of ANPAL. We find, therefore that the number of persons receiving support, but apparently not immediately available to work, remains high.

Keywords: unemployment benefits; unemployment; labour market (search for similar items in EconPapers)
JEL-codes: J64 J65 (search for similar items in EconPapers)
Date: 2018-10
New Economics Papers: this item is included in nep-ias
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